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1100 E Lemon St
Tempe, AZ 85281 Downtown Tempe

$8,690,000 USD

Apartments For Sale  •  41,762 SF

Property Details

  • Property Type Apartments
  • Total Building Size 20,374 SF
  • Lot Size 1.12 AC
  • Building Class C
  • Year Built 1994
  • Zoning M-H
60 Transit Score
60 Walk Score

Highlights

44 Garden-Style Units, Originally Constructed in 1963 & Completely Repositioned in 2012 / 2013
Mix of Studio (22.7%) & One-Bedroom (77.3%) Unit Types (Condo-Mapped)
Under Current Ownership Since 2012
Individual Electric Meters, Along with Roof-Mounted HVAC’s
Covered Land Play or Immediate Redevelopment Opportunity (Land Redevelopment Sales Average $300/LSF or $14.6M Land Value)
All Cash / New Loan

Property Flyers

Amenities

  • Air Conditioning
  • Balcony
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Property Manager on Site
  • Gated
  • Furnished Units Available
  • Package Service
  • Recycling
  • Tile Floors
  • Granite Countertops
  • Stainless Steel Appliances
  • Patio

Public Transportation

Transit/SubwayDriveWalkDistance
Dorsey Ln/Apache Blvd (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 8 min 0.4 mi
University Dr/Rural Rd (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 8 min 0.4 mi
McClintock Dr/Apache Blvd (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 4 min 17 min 0.9 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 12 min - 6.3 mi
Phoenix-Mesa Gateway 35 min - 22.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Tyler Bruggman 480-353-6234 ABI Multifamily
Tyler Bruggman 480-353-6234 ABI Multifamily